http://www.customs.gov.in/customs/cs-ac ... 147-94.htm
Exemption to golf equipments, adventure sports equipments, firearms and ammunition.
13-7-1994
Notification No. 147/94-Cus., dated
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods (hereinafter referred to as the said goods) of the de.scription specified in column (2) of the Table hereto annexed and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), from so much of that portion of the duty of customs leviable thereon, which is specified in the said First Schedule, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table subject to the conditions specified in column (4) against each serial number in column (1) of the said Table.
Table
S. No.
De.scription of goods
Rate
Conditions
(1)
(2)
(3)
(4)
1.
Deleted vide Notification 24/2002 dated 01.03.2002
2.
Firearms and ammunition
50% ad valorem
(i) The said goods have been imported as personal baggage, or as gifts exempted from the Import Trade Control restrictions, or covered by Customs Clearance Permit or Import Licence issued by the Director General of Foreign Trade; and
(ii) the goods are for the use of a renowned shot.
Explanation. - "renowned shot" means a person certified by the National Rifle Association as ranking within the first twenty five in the National Championship held immediately preceding the importation.
Notification No.147/94-Cus., dated 13-7-1994 as amended by Notification No. 101/95-Cus., dated 26-5-1995 and No.24/2002 dated 01.03.2002